NewsThe Swedish Wire is an independent news web site about Sweden’s business, politics and current affairs – in English.http://www.swedishwire.com/component/content/frontpage
Sat, 10 Dec 2016 02:58:08 +0000Joomla! 1.5 - Open Source Content Managementen-gbSkype founder invests in car-sized aircraft: 'This is a really good example of founders who are using deep technology to take on a very big problem'http://www.swedishwire.com/business/19710-skype-founder-invests-in-car-sized-aircraft-this-is-a-really-good-example-of-founders-who-are-using-deep-technology-to-take-on-a-very-big-problem
http://www.swedishwire.com/business/19710-skype-founder-invests-in-car-sized-aircraft-this-is-a-really-good-example-of-founders-who-are-using-deep-technology-to-take-on-a-very-big-problemNiklas Zennström, Skype's cofounder, is backing a company building car-sized aircraft in Germany, called Lilium Aviation.
]]>johan@swedishwire.com (Staff reporter)frontpageTue, 06 Dec 2016 02:43:42 +0000Hong Kong remains freest society and economyhttp://www.swedishwire.com/global-news/19709-hong-kong-remains-freest-society-and-economy-in-the-world-
http://www.swedishwire.com/global-news/19709-hong-kong-remains-freest-society-and-economy-in-the-world-
]]>johan@swedishwire.com (Johan Nylander)frontpageSun, 04 Dec 2016 05:19:24 +0000654,000 people living with HIV/AIDS in Chinahttp://www.swedishwire.com/global-news/19708-654000-people-living-with-hivaids-in-china
http://www.swedishwire.com/global-news/19708-654000-people-living-with-hivaids-in-chinaGlobal: There were 654,000 people living with HIV/AIDS in China by the end of September, with 201,000 deaths.
]]>johan@swedishwire.com (Press release)frontpageFri, 02 Dec 2016 01:33:17 +0000Volvo Cars faces 10% luxury car tax in Chinahttp://www.swedishwire.com/business/19707-volvo-cars-face-10-luxury-car-tax-in-china
http://www.swedishwire.com/business/19707-volvo-cars-face-10-luxury-car-tax-in-china

Founded in 2006, it’s now the world’s leading music streaming service, with almost three times more listeners than its closest rival, Apple Music. In fact, Spotify has more users than the five largest competitors combined.

Reuters said that the Swedish firm pays more than 80 percent of its revenue to record labels and artists and has not yet shown a profit as it spends to grow internationally. Last year, it made an operating loss of 184.5 million euros ($209 million), widening from 165.1 million in 2014.